2305 Southmost Rd, Brownsville, TX 78520

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List Price
$749,000
Price Change
▼ $26,000 1780522045
Status
ACTIVE
MLS#
29753448
Living Area
3,200
Lot Size (Acres)
0.16
Year Built
2019

Property Description

Reduced! Was $920,000.00! - Huge Value-Add Potential! - This 3,200 SF shopping center at a high-traffic Brownsville corridor offers immediate income, defined upside, and a price that is hard to ignore. The 3-unit building has an existing tenant in place from day one, with two vacant shell units ready for finish-out—giving a value-add investor a clear, defined path to an 8%+ cap rate on total invested capital. Brownsville's continued growth—driven by cross-border trade, SpaceX activity at nearby Boca Chica, and steady RGV population growth—makes this a strong long-term hold. Whether you're an investor looking to stabilize and cash flow, or an owner-user looking to occupy one unit while leasing the others, the upside here is undeniable and the price is even more compelling.

Additional Information

Area
Brownsville
Subdivision
East Brownsville Addition
Flooring
Concrete, Tile
Heating
Electric
Roof
Flat

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coastal Realty.